NEWSLETTER
Find Senior Care (City or Zip)
✕
ASK A QUESTION
FIND CARE
FIND IN-HOME CARE
FIND ASSISTED LIVING
CARE GUIDES
CAREGIVING TOPICS
Join Now
Log In
Caregiver Forum
|
Financial Planning
|
Questions
V
Victor441
Asked February 2018
In PA can they touch my IRA if my wife needs to go in a nursing home?
Asset Limits
Asset Protection
Skilled Nursing Facility
1
Answer
Most
Helpful
Newest
First
Oldest
First
P
polarbear
Feb 2018
IRA (Individual Retirement Account) is for the individual only, and if the individual dies, it goes to the beneficiary.
That is my understanding. Anyone with more knowledge please chime in.
Helpful Answer (
0
)
ADVERTISEMENT
Recent Questions
Can the SNF discharge my sister after three weeks when I do not have a live-in caregiver identified?
My father is getting ready to apply for Medicaid for the first time, vehicle question?
Can I pay mom's rehab bill for her?
Popular Questions
My mom has Alzheimer's and she is in a nursing home. I get physically ill at the thought of going to see her and I have to force myself to go. Does anyone else have this problem?
Do you think it’s immoral to try to shield assets from Medicaid?
Do you feel that putting someone in a nursing home is just giving them a place to die in?
Related Questions
My mom currently receives Medicaid and is in a nursing home in D.C. She inherited the house that I grew up in. Any advice?
What type of expenses qualify to reduce the income below Medicaid limitations?
I opened a savings account for my grandkid about 7 years ago and I am the custodian. Will this count towards Medicaid look back?
My dad has been diagnosed with early dementia. I am his POA. Can I by the house at fair market value?
Ask a Question
Ask a Question
Post Question
Subscribe to
Our
Newsletter
Enter Your Email
Sign Up
1 Answer
Helpful Newest
First Oldest
First
That is my understanding. Anyone with more knowledge please chime in.